RNS Number:5885R
Non Conforming Mortgages 1 PLC
15 February 2002


As Agent Bank, please be advised of the following rate determined on: 
15-FEB-2002.

Issue             :  NON CONFORMING MORTGAGES 1 PLC - CLASS B
                     £3,300,000 MORTGAGE BACKED FRN DUE 2037
                     
ISIN NO           :  XS0096558241
Issue Nominal GBP :  3,300,000.00
Period            :  15-FEB-2002  To  15-MAR-2002    Payment Date  15-MAR-2002 
Number of Days    :  28
Rate              :  6.69469            
Denomination GBP  :  10,000.00            10,000.00
Amount Payable
Per Denomination  :  51.36

From:
Institutional    Telephone 44 (0) 1202 34 1286
Trust Services   Facsimile 44 (0) 1202 34 7438




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